QQnity Electronics, Inc.
Q Options Overview
IV is elevated with bearish flow and unusual activity. Conditions favor premium sellers.
REWARDS
RISK ANALYSIS
Q Gamma Walls
Value
Is IV priced right?
Measures whether options are cheap, fair, or rich relative to historical and peer
IV Rank 95.9% — elevated vs history
IV/HV 0.98x — IV ≤ HV
Sector percentile 85% — above sector median
Front/Back 0.87x — contango
Put/Call IV 1.16x — elevated
ATM IV 54.1% — normal range
Effective IV 77.5% (ATM 54.1% + spread 11.7% + bias) — fair
Total drag 14.75% (spread 11.72% + slippage 3.03%) — high friction
Vega efficiency 9.78 (vega 11.459 / spread 11.72%) — efficient
Sentiment
Bullish or bearish?
Analyzes
Conviction-weighted: +57% (strong bullish) — Raw: +47%
|OI skew| 14.1% — balanced
Vol skew -79.1%, OI skew +14.1% — divergent (opposite)
0-DTE 0%, far-OTM 15%, avg DTE 30
OI change +0.0% (5d) — stable
ITM: -84%, ATM: -3%, OTM: +58% — strong bearish (ITM/ATM aligned)
Sector P/C percentile 98% — very bearish vs sector
Activity
Unusual activity?
Detects volume surges,
Volume 2.3x avg — hot
Vol/OI 23.8% — high turnover
1 day(s) elevated — may be one-day event
OI change +14.8% (5d) — building
Sector activity percentile 91% — very active vs sector
Large trade volume 51% — heavy institutional
Aggressive execution 10% — patient
Conviction +57 (bullish) — strong conviction
Liquidity
Can I trade efficiently?
Evaluates
Spread 11.7% — wide
OI 41,427 — adequate
Volume 9,870/day — active
$0.59 to cross — expensive
0 liquid strikes — limited options
Sector spread percentile 85% — much wider than sector
Depth 56.9 contracts (bid:25.5 ask:31.4) — thin
Avg slippage 3.03% — poor
Timing
Is now a good time?
Considers earnings proximity,
Slope -12.5% — contango
IV percentile 96% — seller opportunity
IV kink -4.5pts — no clear event
θ/ν ratio 77.11 — favors income trades
4 liquid expirations — flexible
safe window: No events detected
Spread ratio 1.00x — stable
Flow +57% @ 78% consistency — STRONG directional (bullish)
Score 81 (ITM 20% + inst 51%) — HIGH institutional
Directional Strategy Fit
For educational purposes only. Not investment advice.
The Options Desk tracks the move options price into every US earnings report the week of Aug 31, next to how much each stock has actually moved on its past prints — plus the SPY, QQQ and IWM expected ranges and the gamma walls that box them in.